Fraud

How to Fight Fraud at Onboarding in the GenAI Era

Outsmart fraud in the GenAI era by staying ahead while providing seamless, secure experiences for your customers.

Fraud is evolving rapidly, with fraudsters leveraging Generative AI to bypass traditional defences.

Introducing our new ebook where we dive into the ever-changing fraud landscape and its impacts, anti-fraud insights and fraud challenges, and how to stay ahead with smarter and adaptive prevention strategies.

Here's a sneak peek into the ebook:

As fraud becomes more elusive in the digital landscape, financial institutions need more than traditional tools to stay secure. With more consumers applying for credit via digital channels, fraudsters are becoming more sophisticated and constantly developing new techniques to exploit vulnerabilities in banking systems. They use everything from device farms and cloned apps to emulation, automation scripts, and anonymous tools to bypass traditional security measures. 

In this ebook, we will explore the growing complexity of fraud, diving into the most prevalent threats consumer lenders and banks face today. From the rise of first-party fraud and synthetic ID schemes to sophisticated BOT attacks and loan stacking, we will discuss how these challenges can compromise businesses and consumers. We will then delve into the advanced fraud detection solutions developed by Credolab, showcasing how our specialised fraud signals help financial institutions detect and mitigate these threats with greater precision.

Finally, we will summarise key insights and demonstrate how Credolab’s tools can seamlessly integrate into your operations, fortifying your fraud prevention strategies.

For more clarity, here's what we'll cover in the ebook:

  1. Why should you pay attention to fraud now?
  2. What are Anti-Fraud insights?
  3. How do fraud signals, alerts and rules work together?
  4. What fraud challenges are you facing?
  5. What steps can you take to defend against fraud

If you want to know about our essential fraud detection tools, check out this blog here.

Fill out the form below to download the whitepaper now.

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